Wednesday, May 21, 2014

World luxury market to grow 2%

The world luxury market has reached a "dated age and stabilisation" phase in imitation of progression of more or less 2% customary this year -- when hint to the same level as in 2013.

The psychotherapy by the US consultancy Bain&Company and the Fondazione Altagamma, which said in a avowal: "In 2014, we are expecting continuity".

The forecasts "are far and wide and wide from the double-digit enhancement that characterised the push in the middle of 2009 and 2012," it said.

"The sector is entering a added phase that I would define as the 'supplementary recognized'", said Claudia D'Arpizio, a gloves at Bain and author of the psychiatry. 

"The non-attendance in the immediate-term of explosive phenomena subsequent to China in recent years and a improved appreciation to crisis in era markets have led to a more stable and healthy increase trend," she said.

The psychotherapy found the United States would be the major engine for grow even though revenues in Europe would perform skillfully mainly thanks to foreign tourist purchases.

Japan is set for sealed accretion but is punished by an unfavourable disagreement rate. Continental China does not pretense a lot of computer graphics, unlike Hong Kong and Macao, it said.

There has been hermetically sealed exaggeration in southeast Asia, particularly in Indonesia, it association.

The fastest-growing category was garnishes.

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